7.1 C
New York
Wednesday, March 22, 2023

Momentum Is Strong For Koninklijke Philips N.V. (NYSE: PHG)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Koninklijke Philips N.V. (PHG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.26, or 1.55%, to $17.00. The Koninklijke Philips N.V. has recorded 12,611 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Philips appoints Julia Strandberg as Chief Business Leader of the Connected Care businesses.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

This NYSE-listed company operates within the Medical Devices industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $16.74 and fluctuated between $16.89 as its day high and $16.21 as its day low. The current market capitalization of Koninklijke Philips N.V. is $15.30B. A total of 2.19 million shares were traded on the day, compared to an average of 2.42M shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. PHG’s most recent ex-dividend date was 5/12/2022 when it declared a $0.9641 quarterly dividend that was paid in cash on 6/8/2022. Previously, the company paid the dividend on 6/9/2021 with an ex-dividend date of 5/10/2021. The PHG stock dividend was $1.0331 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PHG in the last 3 months, the mean price target is $16.87 with high estimates of $32.61 and low estimates of $9.78. In terms of 52-week highs and lows, PHG has a high of $32.21 and a low of $11.75.

As of this writing, PHG has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PHG is Underweight with a score of 1.50. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 6 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 6 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles